Legally Pay Less Taxes

1082.209 - 1111.558 Adam Torkildson

Because what you're able to do is take the fair market value of what you could rent your home for, and that becomes your basis for what you can write off each month. So this is, again, the Augusta strategy. This works for anybody who's got an LLC. I believe you need to be taxed as an S corp, but that's some very simple paperwork. And there's a lot of advantages to being taxed as an S corp.